benefits managementbusiness casesclient engagementefficiencyOrganizational Changeresource optimization
Managing Benefits consolidates existing guidance on benefits management into one place, while expanding on the specific practices and techniques aimed at optimizing benefits realization.
Certify your ability to:
- Implement methods, including knowledge of management accountancy, behavioural finance, psychology, neuro-science and systems thinking.
- Forecast realistic benefits to produce business cases which address business issues and objectives and provide a route to measure success.
- Outline costs and benefits to drive business objectives.
- Facilitate an organization-wide understanding of the benefits a project or programme will produce and be able to measure when they are realized.
- Enable organizations to demonstrate more efficient and effective practices through better use of available resources. This enhances an organization's ability to retain motivated and skilled change management staff and to attract investors.
The Managing Benefits Certification acts as a vital companion to the Managing Portfolios Certification
As a result of the forthcoming launch of the Managing Benefits refresh, APMG will be withdrawing the Managing Benefits 2012 Foundation and Practitioner exam on 31 December 2024. After this date, it will not be possible to book and/or sit Managing Benefits Foundation & Practitioner exams.
Exam Resources
Additional information and resources to help you prepare for your exam can be found in our Managing Benefits Resources for Candidates feature.
Foundation
Learn the benefits management principles, practices, techniques, roles & documents.
Change Management, Client Engagement, Programme Management, Project Management
Who is Foundation for?
- Senior executives, including Change and Transformation Directors, responsible for delivering value for money from the organization’s investments in change and achieving the organization’s strategic objectives
- Sponsors/Project Board Executives who play a leadership role on change initiatives
- Project and programme management (PPM) professionals responsible for delivering the change initiatives from which benefits are realized
- Portfolio managers and Portfolio Office staff responsible for managing the organization’s portfolio of change initiatives – including optimizing the contribution to strategic objectives
- Business Case writers responsible for delivering reliable cases on which to base investment decisions
- Finance professionals and economists responsible for undertaking, or participating in, investment appraisal and portfolio prioritization reviews
- Business managers (including Benefit Owners) responsible for managing the operational functions by which, or within which, change initiatives are delivered and benefits are realized
- Change Managers and Benefits Managers responsible for managing business change and benefits realization
- Others with an interest in the successful delivery of change, including strategic planners, operational performance managers, internal and external auditors, procurement and commercial professionals etc.
What are the key things you will learn?
- Definitions, scope and objectives of benefits management, barriers to its effective practice, and the key success characteristics.
- Principles upon which successful approaches to benefits management are based.
- Five practices contained within the Benefits Management Cycle and relevant techniques applicable to each practice.
- Scope of key roles and responsibilities for benefits management and the typical contents of the main benefits management documentation.
- Approaches to implementation and the factors to consider in sustaining progress.
Exam format:
- Multiple choice format
- 50 questions per paper
- 25 marks or more required to pass (out of 50 available) - 50%
- 40 minutes duration
- Closed-book.
Practitioner
Apply and tailor the Managing Benefits guidance in a scenario situation.
Change Management, Information Management & Analysis
Who is Practitioner for?
- Change leaders e.g. Sponsors, Members of Management Boards and Directors of Change.
- Change initiators e.g. Strategic Planners and Policy Leads.
- Change appraisers and evaluators e.g. Finance Professionals and Economists, Business Case Writers, Auditors and Project Appraisers.
- Change implementers/enablers e.g. Portfolio, Programme and Project Managers, as well as Benefit Owners.
- Change support e.g. Portfolio, Programme and Project Office staff, including Benefits Managers.
What are the key things you will learn?
- Planning the implementation of benefits management, select appropriate strategies to sustain and measure progress.
- Selecting and adapt principles, practices and techniques to suit different organizational environments.
- Identifying activities that should be undertaken during each of the practices of the Benefits Management Cycle together with the accountabilities and responsibilities of each of the defined roles.
- Evaluating examples of benefits management information (documents).
- Analysing the solutions adopted in relation to a given scenario.
Exam format:
- Objective testing
- 8 questions per paper with 10 marks available per question
- 40 marks or more required to pass (out of 80 available) - 50%
- 2 ½ hours duration
- Open book exam (Managing Benefits guide only)
